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Economic Takeover of Portland and Seattle 'severely unaffordable' Foreign investors , CCP Takeover

320 views · Published 3 November 2017 · 2:44 · Indexed 26 October 2026

Channel: Mike Martins · 2017 · News & Politics

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My Opinion: Foreign investors are ripping up the landscape of the wast Coast from San Diego to Vancouver Canada ! After the city of Vancouver Introduced a foreign Buyers TAX - it has lead Chinese investors to take over the West Coast and Creating the early stages if Amerifornia!  Another reason is the mass exodus of California's  moving north due to California Being a Money Laundering Hub for Chinese investors leaving homes empty across Californian major cities . 

 Portland has surged toward the top of another national list. For anyone in the city looking to buy a house, this is not a good thing.

Demographia's 2017 International Housing Affordability Survey concluded that Portland falls into the "severely unaffordable" category. The St. Louis-based public-policy consulting firm uses its "median multiple" measurement to determine how affordable a housing market is. This measurement, writes New Zealand Initiative executive director Oliver Hartwich, has "firmly established a benchmark for housing affordability by linking median house prices to median household incomes."

Below are the 13 most unaffordable housing markets in the U.S., according to Demographia.

9.8 median multiple. The Silicon Valley city is the most unaffordable housing market in the U.S., Demographia’s latest survey concluded.

The median multiple is determined by dividing the median house price by gross annual median household income. This measurement, reports CNN, is "recommended by the World Bank and the United Nations."

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